Lovable valued at $6.6 billion in latest funding round as AI coding demand surges
Lovable tripled its valuation to $6.6 billion with $330M raised to enhance AI coding tools and infrastructure, following rapid $200M ARR growth, CEO said.
- Stockholm-Based Lovable on Thursday said it raised $330 million in a Series B at a $6.6 billion valuation, led by CapitalG and Menlo Ventures, more than tripling its worth from five months ago.
- Founded in 2023, Lovable scaled rapidly, reaching $100 million ARR within eight months and doubling to $200 million four months later after a $200 million Series A in July valued at $1.8 billion.
- More than 100,000 new projects are built on its platform every day, and Lovable counts Klarna, Uber and Zendesk as customers while expanding integrations and infrastructure.
- The fresh funds take Lovable's total raised in 2025 to over $500 million, and Laela Sturdy, Managing Partner at CapitalG, said `Lovable has done something rare: built a product that enterprises and founders both love`.
- Facing competition from major AI labs and start-ups, Lovable confronts critics warning vibe-coding may yield insecure code and months ago vowed to resolve its EU VAT dispute.
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Lovable wants to be 'the last piece of software' for companies, CEO says
Swedish AI coding startup Lovable has just raised $330 million in Series B funding round at a $6.6 billion valuation, more than tripling its worth from just five months ago. CEO Anton Osika told Fortune the funding would further the company’s mission to become “the last piece of software” needed by companies and developers. The round was led by CapitalG and Menlo Ventures’ Anthology fund, with participation from NVIDIA’s venture arm NVentures, S…
Google and Nvidia back Swedish vibe coding startup Lovable at $6.6B valuation after $200M ARR surge - Tech Startups
The venture capital arms of Google and Nvidia have joined a $330 million Series B investment in Lovable, a Stockholm-based vibe coding startup now valued at $6.6 billion. The company confirmed the round on Thursday, marking one of the largest […] The post Google and Nvidia back Swedish vibe coding startup Lovable at $6.6B valuation after $200M ARR surge first appeared on Tech Startups.
Lovable valued at $6.6 billion in latest funding round as AI coding demand surges
The deal also drew investment from Nvidia's venture capital arm among others, underscoring investor demand for agentic AI tools that can handle complex software development work with minimal human input, as enterprises and hobbyists increasingly adopt AI-assisted coding.
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